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Selected production and cost data of Lisa's Compound Co. follow for May 2018: (Click the icon to view the production and cost data.) On May
Selected production and cost data of Lisa's Compound Co. follow for May 2018: (Click the icon to view the production and cost data.) On May 31, the Mixing Department ending Work-in-Process Inventory was 70% complete for materials and 25% complete for conversion costs. The Heating Department ending Work-in-Process Inventory was 75% complete for materials and 60% complete for conversion costs. The company uses the welghted average method. Read the requirements. Requirement 1. Compute the equivalent units of production for direct materials and for conversion costs for the Mixing Department. Complete the partial production cost report below for the Mixing Department, showing the equivalent units of production for direct materials and for conversion costs. Requirements Lisa's Compound Co. Production Cost Report - Mixing Department (Partial) Month Ended May 31 Equivalent Units Physical Direct Conversion UNITS Units Materials Costs Units accounted for 1. Compute the equivalent units of production for direct materials and for conversion costs for the Mixing Department. 2. Compule the equivalent unils of production for transferred in costs, direct materials, and conversion costs for the Heating Department Total units accounted for Print Print Done Done i Requirements 1. Compute the equivalent units of production for direct materials and for conversion costs for the Mixing Department. 2. Compute the equivalent units of production for transferred in costs, direct materials, and conversion costs for the Heating Department. Print Print Done Done A Data Table Mixing Department Heating Department 6,000 Units to account for: Beginning work-in-process, April 30 Started in May Transferred in during May 15,000 80,000 75,000 95,000 81,000 Total units to account for Units accounted for: Completed and transferred out during May Ending work-in-process, May 31 75,000 20,000 95,000 70,000 11,000 81,000 Total units accounted for Print Print [ Done Done
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